| Computation of basic and diluted earning per common share |
The computation of basic and diluted earnings per common share is as follows (in thousands, except per share data): | | | | | | | | | | | | | | | | Three Months Ended | | Six Months Ended | | | | June 30, | | June 30, | | | | 2026 | | 2025 | | 2026 | | 2025 | | Numerator: | | | | | | | | | | | | | | Net income available to common stockholders | | $ | 92,750 | | $ | 71,753 | | $ | 163,225 | | $ | 134,714 | | Net income attributable to noncontrolling interest in OEG | | | 4,050 | | | 2,094 | | | 3,462 | | | 2,805 | | Net income available to common stockholders - if-converted method | | $ | 96,800 | | $ | 73,847 | | $ | 166,687 | | $ | 137,519 | | | | | | | | | | | | | | | | Denominator: | | | | | | | | | | | | | | Weighted average shares outstanding - basic | | | 63,114 | | | 61,352 | | | 63,069 | | | 60,639 | | Effect of dilutive equity-based compensation | | | 169 | | | 147 | | | 187 | | | 194 | | Effect of dilutive put rights | | | 4,860 | | | 4,233 | | | 4,543 | | | 3,744 | | Weighted average shares outstanding - diluted | | | 68,143 | | | 65,732 | | | 67,799 | | | 64,577 | | | | | | | | | | | | | | | | Basic income per share available to common stockholders | | $ | 1.47 | | $ | 1.17 | | $ | 2.59 | | $ | 2.22 | | Diluted income per share available to common stockholders | | $ | 1.42 | | $ | 1.12 | | $ | 2.46 | | $ | 2.13 | |
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